When time comes to sell your car, there are several ways one can do so. Either you can sell it to a friend, give it to family member, donate it to charity, look for an immediate way to clear your car loans or resort to agencies that does the work for you. Selling your car individually has a lot of perks. One being that you get the most in return when you have sold your car.
But little do you know that there are scammers out there lurking to find ways to put you in position to get your car even without giving you a penny. This guide is to help you stay alert and to ensure that you do not fall prey to such fraudsters. So, let’s get you started with the journey of finding relevant and genuine Car Buyers Dubai.
Investigate the Buyer
It may be not feasible to do a detailed background check on every individual that shows interest in your vehicle. One thing that you can make sure is, try talking to the concerned person. Nowadays, scammers take the pathway of bogus email accounts and refuse to have a direct conversation. By having a quick chat, you can have an understanding of how genuine or if any hidden requests or unfamiliar reasons they bring about when it comes to buy your car.
Always make sure that you have the dedicated amount at your end before you hand over your car. There are people out there with forged cheques, fake deposits, fake receipts, fake promises and what not. Try to settle the deal with cash payments, if the buyer insists on cheque payments, then make sure you and the buyer meet in a bank and watch as the teller handles the cash payment through the cheques received.
Another popular scam is the over payment plan, where they tell you that they have sent you a cheque with more money than mentioned and expect you to send the difference amount. Little do you know that the cheque received is a bogus cheque. Also, do not fall prey to false receipts or emails mentioning that the money has been deposited.
Online Car Deal
Since the car you wish to sell is being advertised online, it is your responsibility to specify all the details of your car in a detailed manner. This ensures that you stay clear of any future complaints or faults in your car.
Sometimes, there comes a few where it feels its too good to be true. People often provide you a deal for your car that is way over the market rate. Others come about in a manner where they do not even need to see the car and mention they are interested in the sale of your car. Beware of such situations.
When the car sale happens, and they mention they prefer an online payment over physical cash transactions, or even with the payment plan of half now and half after a month of the sale or even monthly installments. Do not opt for such schemes. Eventually in the end, you need to make sure that you get the price for your car.
Avoid Late Night Deals
Never allow the car to be test driven alone to the car buyers. Avoid car sales during the weekends, cheque transfers on Thursday or any late-night deals. This allows an opportunity for the scammers to forge the payment and make you wait for the payment throughout the weekend. Preferably try to meet in a public place when you wish to show the car to potential buyers.
For any suspicious behavior you think you may come across, call 901 and report immediately.
Never Rush A Car Sale
One major tip would be never to portray yourself as an overeager seller. This makes the buyers have an indication of your current situation and make use of it. There may come situations where people undermine or underprice your car and bring about bogus faults in your car. Do not fall for this scam. This provides them an upper hand in making you underprice your car; they may even bring “professionals” to inspect your car.
And what they usually do is, they buy your car at a lower price and resell your car for a much higher price. Be confident in your vehicle and if a sale does not happen, do not let it get the best of you.
So, if ever an opportunity comes to sell your car by yourself, take heed of the tips given. However, if you feel that a car sale might overwhelm you, you can always resort to professional car buying agencies in UAE, where all you need to do is, Sit and Relax.
For any enquiries, you can contact us anytime and we will be happy to help you in your car selling journey.